Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1370 Millstone Riv Rd Hillsborough Township, NJ 08844

    For Lease
    $0.06 SF/Yr

    Bank Building, 3,809 sq ft, Ample Parking

    Lot size:
    3,809 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional commercial property at 1370 Millstone River Road in Hillsborough Township, NJ (08844) presents a unique investment opportunity. The 3,809 square foot building sits on a 0.8-acre lot and is zoned HR1. Previously utilized as a bank, the property boasts a versatile floor plan. The ground floor features an open concept layout, highlighted by a central vault and private office. Upstairs, you'll find several separate office suites and restrooms, providing flexibility for various business needs. The building's brick exterior is complemented by ample parking accommodating 16 vehicles, and two distinct entrances/exits enhance accessibility. The property's strategic location at a traffic light controlled corner offers excellent visibility and convenient access. Its proximity to Manville, Franklin Township, and Route 206 ensures high traffic flow and easy commuting for employees and clients. The two-story structure offers a total of one building suite. The property's APN is 12000010100005. This is a rare opportunity to acquire a well-maintained commercial building with significant potential in a desirable New Jersey location.

    Property Features for 1370 Millstone Riv Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,809 SF

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    Size
    3,809 SF
    Rate per SF
    $0.06
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Hair Salon Building Supply Auto Repair Shop Gym & Fitness Accounting Firm Kitchen & Bath HVAC Service Convenience Store Electronics Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hillsborough Township
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.589076
    Latitude
    40.503118

    Nearby Similar for Lease

    • $18 SF/Yr
      4,152 SF

      Carriage Farm: Versatile Industrial Space

      Multiple spaces, 88-2,197 sq ft. Ideal for various uses.
      2 Clerico Ln, Hillsborough Township, NJ 08844
      View Details
    • Contact for pricing
      25,000 SF

      Prime Retail Space, US-206 & Homestead

      Florida Shopping Center - 25,000 SF Available
      771-773 Us-206 & Homestead Rd, Hillsborough Township, NJ 08844
      View Details
    • Contact for pricing
      39,459 SF

      Prime Hillsborough Office Suites

      Executive offices, 9 suites available.
      411 Us-206, Hillsborough Township, NJ 08844
      View Details
    • $13 SF/Yr
      596,315 SF

      Hillsborough Industrial Spaces

      NJ Flex Space, Warehouse, Manufacturing
      0 Stryker Ln, Hillsborough Township, NJ 08844
      View Details
    • $15 SF/Yr
      42,162 SF

      Amwell Commons Office Space for Lease

      Hillsborough, NJ medical & executive suites available
      390 Amwell Rd, Hillsborough Township, NJ 08844
      View Details
    • Contact for pricing
      328,306 SF

      Hillsborough Retail Space For Lease

      Prime Hillsborough location, 3,600 sq ft available.
      315 Rte, Hillsborough Township, NJ 08844
      View Details

    FAQs

    What type of property is this?
    Land - Bank Building, 3,809 sq ft, Ample Parking
    Where is this land located?
    The property is located at 1370 Millstone Riv Rd Hillsborough Township, NJ.
    What is the lease rate?
    The lease rate is $0.06 SF/Yr.
    Request Owner's contact information
    1370 Millstone Riv Rd Hillsborough Township, NJ 08844
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1370 Millstone Riv Rd
    Hillsborough Township, NJ 08844
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1370 Millstone Riv Rd Hillsborough Township, NJ 08844
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.